If you want a read on US equity markets shut off CNBC. CNBC will not make you a dime.
If you are an owner of stocks you better be ready for a long haul.
Listening to the touts on CNBC talking their book is more than disgusting.
Ray Dalio, today from Davos, Switzerland, hit the nail on the head. Find the clip on the internet and listen. Listen very carefully.
There is a shit show of government intrusion into fair markets and the bubble has been pricked. The dislocation is broadening. Contagion is here.
As I said in this blog 5 days ago, it is just getting a start.
Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., now CEO of the Parisian Family Office. A White Earth Chippewa, Dean helped Native Americans for decades. Raised conservative, began Wall Street career in 1982, met game changer William O'Neil in 1984. In a world on a dopamine, hypomanic binge, this is his take on financial chicanery, political crime and life well lived at their Ghost Ranch in MT or Pamelot, the Parisian's TN farm.
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